摘要 |
This invention relates to a method of obtaining an advance irrevocable purchase order from a buyer for future delivery of a manufacturer's product. A buyer is issued a right to obtain a selected number of warrants of a manufacturer when the buyer places a revocable purchase order before the start of a vesting period for a selected number of products or services, the number of obtainable warrants being related to the size or value of the purchase order. A selected number of warrants are granted to the buyer at a preset strike price when the buyer irrevocably confirms the purchase of at least part of the purchase order before the end of the vesting period. An incentive to confirm irrevocable orders in advance is implemented by reducing the number of obtainable warrants as time elapses during the vesting period.
|